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EFTA02696294

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From: Sent: Sunday, January 22, 2012 3:04 PM To: [email protected] Subject: Re: Bell 430 Jeffrey, The parts for the Bell 430 where quoted in USD, since they will be imp=rted from USA,. labor and interior work is estimated in Pounds Sterling,. recap from PremiAir: Estimated Labor charge for maintenance requested: Labor f24,275.00 pounds sterling = USA $37,805.64 Parts estimated: &n=sp;= $255,587.50 Interior quote in Pounds f38,410.00= 59,819.34 USD: Total &nbs=; &=bsp; &nbs=; $353,212.48 maintenance and interior from PremiAir in UK,. In a message dated 1/21/2012 8:25:23 A.M. Eastern Standard Time, [email protected] writes: there is amix of dollar quotes„a and quotes in english pounds.. cannot decipher On Fri, Jan 20, 2012 at 10:45 PM, Lvjet wrote: Jeffrey, Bell 430 update, attach quote for interior and Mx from UK,. I spoke to Craig, the broker from PremiAir in UK,. Craig info=med me the initial comments that Mick Bailey (the owner) made in=20 regards to the $1.5M USD offer were, "I'll let the helicopter Rott befo=e I'll sell it for $1.5M USD" Craig then told Mr. Bailey that Premi=ir would initiate legal action in order to collect money ow=d to PremiAir for storage and maintenance of 85,000lbs sterling,. and M= Bailey should consider being open minded in regards to any offer on thi= Bell 430, since its going to be a hard sell helicopter. Craig told=me that he thought an offer of $1.7M - $1.9M is more reasonable offer on this Bell 430, since he is representing the seller on thi= transaction, but has motivation to collect money owed to PremAir. =raig asked if we would consider raising our offer to $1.7M, and Craig thinks=he could convince Mick Bailey to accept this offer. I told Craig I wo=ld pass the information to you, and would get back to him if there is cont=nued interest. Mr Bailey also tried to convince Craig to front the money and have=20 PremiAir maintenance invest in getting the Helicopter into airworthy condition

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